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Adastria Co.,Ltd. ( (JP:2685) ) has shared an update.
Adastria Co., Ltd. has decided to transfer its equity interest in Velvet, LLC, a California-based apparel business, to PIVOT GROWS LLC as part of its strategy to exit the U.S. market. This move follows a previous announcement to liquidate its U.S. subsidiary, Adastria USA, and is not expected to significantly impact the company’s consolidated financial results for the fiscal year ending February 28, 2026.
The most recent analyst rating on (JP:2685) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on Adastria Co.,Ltd. stock, see the JP:2685 Stock Forecast page.
More about Adastria Co.,Ltd.
Adastria Co., Ltd. operates in the apparel industry, focusing on fashion and clothing products. The company has a market presence in various regions and is known for its innovative designs and quality products.
Average Trading Volume: 217,911
Technical Sentiment Signal: Hold
Current Market Cap: Yen133.9B
For detailed information about 2685 stock, go to TipRanks’ Stock Analysis page.